ChainCatcher news, the Boerse Stuttgart Digital, a digital company of the Stuttgart Stock Exchange in Germany, is collaborating with DZ Bank, a central cooperative bank in Germany, to provide secure cryptocurrency trading and storage services for over 700 cooperative banks in Germany. This move marks an important step for Europe towards mainstream cryptocurrency adoption, as banks can now offer regulated cryptocurrency services to retail customers. It is expected that by 2028, 25% of Europeans will invest in cryptocurrencies, and this collaboration will help meet the growing demand for digital assets.

ChainCatcher news, according to CoinDesk, Germany's second-largest stock exchange Boerse Stuttgart Digital plans to launch a fully insured cryptocurrency staking service next year. As part of the development, global reinsurer Munich Re has designed an insurance product aimed at reducing risks. Slashing represents a penalty for validators in proof-of-stake blockchains who violate network rules or engage in malicious activities, resulting in the suspension or loss of staked tokens.It is reported that Boerse Stuttgart Digital has already obtained final approval from Germany's financial regulator BaFin to offer Bitcoin trading and custody services.

ChainCatcher news, Boerse Stuttgart Digital has obtained the final approval from the German financial regulator BaFin to offer Bitcoin trading and custody services.It is reported that Boerse Stuttgart Digital is a subsidiary of Germany's second-largest stock exchange. Since January 2020, the exchange has been using a temporary license for Bitcoin trading, and this move means that in the future, institutions can conduct compliant Bitcoin trading through its subsidiary Boerse Stuttgart Digital. (source link)